Market Update: January 2020

The market update data from the NWMLS for performance in the real estate market for the month of December is in, and the data is proving some of our earlier predictions to be coming true. Those pending sales that we've been talking about since this past October are now impacting the Greater Seattle housing [...]

By |2020-01-08T21:04:56+00:00January 8th, 2020|Market Updates|Comments Off on Market Update: January 2020

Market Update: November 2019

Low inventory. That’s the takeaway from the latest statistics released by the NWMLS, and it’s something that we should look at as an indicator for the future of the Puget Sound market. Inventory seemingly cannot keep up with the influx of new residents as the region continues its economic expansion thanks largely in part [...]

By |2020-01-08T21:02:18+00:00November 14th, 2019|Market Updates|Comments Off on Market Update: November 2019

Market Update: October 2019

We’re headlong into the autumn season, and with the dropping of temperatures, inventory has dropped as expected; however, we saw some very interesting trends in September that have speculators scratching their heads a bit.  What generally tends to be a period of easing in the market turned out to be more of a rollercoaster [...]

By |2019-10-14T23:29:10+00:00October 11th, 2019|Market Updates|0 Comments

Market Update: September 2019

School is back in session launching the end of the summer market craze that never quite materialized in the Puget Sound Region. In lieu of the market correction that lead us into 2019, many experts were reluctant to predict if a summer market uptick would send the Seattle market back into the frenzied state [...]

By |2019-10-14T20:01:25+00:00September 16th, 2019|Market Updates|0 Comments

2019 April Market Update

Coming out of March, the real estate market in Seattle was undoubtedly experiencing the spring uptick that is expected as we head into warmer months. Given the unexpected snow, and limited mobility, experts were hesitant to project what kind of spring market we would see in 2019. The most recent data released at the beginning [...]

By |2019-10-14T20:01:26+00:00April 30th, 2019|Market Updates|0 Comments

Seattle Is Upzoning: What That Means For Investors

Last week the Seattle City Counsel passed a new measure to rezone 27 neighborhoods across the city.  The new ordinance sparked debate from some but passed with an overall vote of 8-0, with one council member not in attendance.  Upzoning has been a hot debate for local residents, as some people fear it will lead to gentrification, [...]

By |2019-10-14T20:01:49+00:00March 23rd, 2019|Market Updates|0 Comments